$ETH Faces Downside Pressure
A long liquidation of 6.636K at 3100.95 shows buyers were trapped and sellers gained control, increasing short-term bearish momentum.
Market Insights:
Buyers failed to defend 3100.95
Liquidity sitting lower near 3090
Selling pressure rising on minor rebounds
Trend signaling continuation toward lower support levels
Next Move:
If ETH breaks the next support zone, further decline is likely before any recovery attempt.
Targets:
• TG1: 3095
• TG2: 3090
• TG3: 3080
Pro Tip:
Avoid entering during active liquidation. Wait for stabilization and a confirmed reversal before considering long positions
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